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Bitcoin’s “High-Speed Modem” Arrives on August 1

In short, there are two development teams working on solutions to the scaling problem. There has been a lot of uncertainty about whether they can come to an agreement.

SegWit2x is the name of one solution. Right now, it has gained the upper hand. (Bitcoin Improvement Proposal 148, or BIP 148, is the name of the other solution.)

As of now, more than 80% of the “miners” (the folks who provide the hardware that bitcoin runs on) have signaled their support for the SegWit2x code.

If all goes well, this code change will lock in on August 1.

Once that happens, bitcoin will be able to handle 12–28 transactions per second… up from its current three to seven transactions per second. That’s a four-fold increase.

Even better, Segwit2x paves the way for bitcoin to add scaling technologies that allow hundreds of thousands of transactions per second.

That would put bitcoin on par with other payment platforms like Visa and PayPal, which can handle thousands of transactions each day.

Assuming the SegWit2x solution is successful, bitcoin’s adoption could explode the way internet adoption exploded with the advent of broadband cable.

We could be witnessing the birth of bitcoin’s own “high-speed cable modem” moment.

A Flood of New Money

Once the uncertainty surrounding the code change passes, we could see a sea of new money flood into bitcoin.

A bitcoin price of $3,500–$5,000 this year is not out of the question.

Not only will bitcoin benefit… we think the entire cryptocurrency space will soar right along with it.

As more users come into bitcoin, they’ll naturally diversify into other coins. Our bet is that the entire cryptocurrency ecosystem could soar 10 times from here.

The time to act is now… before August 1.

If you’ve been on the fence about buying bitcoin, think about this: This might be your last chance to buy bitcoin for under $3,000 per coin.

Remember, you don’t have to own a whole bitcoin. You can just own a fraction of a coin.

Get your feet wet and own a little bit. Because if we’re right about the scaling debate, then even a small position could end up moving the needle on your wealth.

Let the Game Come to You!

Teeka “Big T” Tiwari

P.S. Most of my readers still can’t tell a Bitcoin from a gigabyte. But that didn’t stop them from making 22.9%, 195.7%, and 230.8% profits in 90 days from the fastest-growing cryptocurrency plays in America. And over the next 60 days, I think your profits could be even bigger. Learn more here…

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